Public Storage
Public Storage (PSA-PG) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Public Storage (PSA-PG), featuring income statements, balance sheets, and cash flow data.
Public Storage (PSA-PG) Income Statement & Financial Overview
Analyze Public Storage’s PSA-PG earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.18B | $1.18B | $1.19B | $1.17B |
| Cost of Revenue | $331.85M | $310.77M | $327.67M | $301.04M |
| Gross Profit | $851.34M | $866.65M | $860.09M | $872.17M |
| Gross Profit Ratio | $0.72 | $0.74 | $0.72 | $0.74 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $25.18M | $32.55M | $26.21M | $26.58M |
| Operating Expenses | $307.90M | $313.44M | $306.54M | $309.92M |
| Total Costs & Expenses | $639.75M | $624.21M | $628.24M | $610.97M |
| Interest Income | $7.91M | $10.82M | $12.23M | $12.96M |
| Interest Expense | $72.009M | $72.14M | $74.25M | $73.24M |
| Depreciation & Amortization | $282.71M | $280.89M | $280.33M | $283.34M |
| EBITDA | $766.94M | $970.01M | $790.21M | $879.86M |
| EBITDA Ratio | $0.65 | $0.82 | $0.67 | $0.75 |
| Operating Income | $543.44M | $553.22M | $559.51M | $562.25M |
| Operating Income Ratio | $0.46 | $0.47 | $0.47 | $0.48 |
| Other Income/Expenses (Net) | -$131.22M | $63.77M | -$123.88M | -$38.96M |
| Income Before Tax | $412.22M | $616.99M | $435.63M | $523.28M |
| Income Before Tax Ratio | $0.35 | $0.52 | $0.37 | $0.45 |
| Income Tax Expense | $1.43M | -$1.37M | $2.49M | $2.08M |
| Net Income | $407.79M | $614.61M | $430.33M | $518.13M |
| Net Income Ratio | $0.34 | $0.52 | $0.36 | $0.44 |
| EPS | $2.04 | $3.22 | $2.17 | $2.67 |
| Diluted EPS | $2.04 | $3.21 | $2.16 | $2.66 |
| Weighted Avg Shares Outstanding | $175.42M | $175.20M | $175.04M | $175.47M |
| Weighted Avg Shares Outstanding (Diluted) | $175.94M | $175.93M | $175.87M | $176.009M |
Over the last four quarters, Public Storage achieved steady financial progress, growing revenue from $1.17B in Q2 2024 to $1.18B in Q1 2025. Gross profit stayed firm with margins at 72% in Q1 2025 versus 74% in Q2 2024. Operating income totaled $543.44M in Q1 2025, maintaining a 46% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $766.94M. Net income dropped to $407.79M, with EPS at $2.04. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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